I have encountered many cases like this. Taking advantage of the name of an individual or company to raise capital from others, with the promising is to pay high interest or bring high profits when investing to some potential projects . I see that most of these forms of raising money are scams, if not in this form, it will be in another form. This case happens a lot in the crypto market when they mobilize other people's money to buy tokens which is selling private or receive entrusted investments, then they use that money to play futures, and lose all that money.

After those incidents happened, those who lost money could only ask the community to spread the news to hope the scammers would return the money, but most of them could not get it back. I usually stay away from forms of raising money or contributing money like this, it has too many potential risks and I have to depend on other people's decisions, while it is the money I have worked hard to earn.